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Posts by Robb Engen

Weekend Reading: Checking In On My Financial Goals Edition

Weekend Reading: Checking In On My Financial Goals Edition

I publish my financial goals here every year to share my priorities with readers and to hold myself accountable to achieve them. The simple act of writing down your goals and reviewing them periodically can significantly increase your chance of success. My 2019 financial goals were fairly straightforward. Here’s a recap, along with the progress…

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Canadians Have An Income Problem, Not A Debt Problem

Canadians Have An Income Problem, Not A Debt Problem

It’s not hard to find a report about the growing Canadian debt problem. Canadians owe $1.77 for every $1 they make. The average consumer owes $31,400 in installment and auto loans, while borrowing for credit cards and lines of credit average $18,500 per consumer. Finally, there are reports that nearly half of Canadians won’t be…

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